Egdon Resources reports farm-out of interest in the Wressle Prospect

AIM-listed UK-based exploration and production company Egdon Resources has reported the farm-out of an interest in Petroleum Exploration and Development Licence 180 (PEDL180) to Union Jack Oil.

AIM-listed UK-based exploration and production company Egdon Resources has reported the farm-out of an interest in Petroleum Exploration and Development Licence 180 (PEDL180) to Union Jack Oil.

The group reported that the farm-out highlighted the company's strategy of farming out assets to manage risk and accelerate activity.

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